ANNUAL REPORT

Fiscal Year 2024

As we reflect on FY2024, we find ourselves grounded in gratitude. Gratitude for this community, the stories, and the impact we have collectively made together. We invite you to share in the successes captured within our 2023-2024 Annual Report.

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Becoming part of the Solve community establishes your organization as a leader in social impact and enables you to support cutting-edge innovation:

  • Partner directly with 400+ tech-based social innovators
  • Drive real impact on the issues most important to you by helping shape Global Challenges
  • Connect with the leading minds in tech and social impact—including Supporters Sony, The Bill & Melinda Gates Foundation, General Motors, Hermès, and more
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Featured Articles

Cultivating Cultural Revitalization and Sustainable Futures in Hana, Hawai'i

Alexis Zacharakos
Alexis Zacharakos
Communications and Marketing Co-op, MIT Solve
Sustainability
Partnerships
Learning
Indigenous Communities

Middle Eastern Feminist Addresses Sexual Reproductive Care

Maya Bingaman
Maya Bingaman
Officer, Communications & Content, MIT Solve
Health

What Industry Experts Are Saying About Our AI Future

Alexis Zacharakos
Alexis Zacharakos
Communications and Marketing Co-op, MIT Solve
Health
Learning
Read more articles

Meet the Solver teams

Each year, Solve selects the most promising Solver teams who will drive transformational change in the world. We're proud to support 299 Solver and Fellow teams who are:

  • 62% women-led;
  • Headquartered in 59 countries, and representing unique 27 American and Canadian Indigenous nations; 
  • 61% for-profit/hybrid, 35% nonprofit;
  • 16% concept and prototype, 35% pilot, 42% growth, 7% scale
SEE THEIR SOLUTIONS
Results
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$70+ million in funding for Solver teams and social innovators
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260+ million lives reached by Solver teams around the world
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over 800 partnerships catalyzed for Solver teams and entrepreneurs
Featured Partnerships

Partnerships are Solve marketplace success stories—often occurring between a Solver and Member. Thanks to our partners, Solve has allocated $70+ million in funding and 800+ partnerships for Solver teams and social innovators.

Partnership Stories
Indigenous Communities Fellowship

Protect Medicinal Plants

Their partnership with the Wild Elements Foundation has helped Indigenous Communities Fellow, Richelle Thomas, to grow her work from a research project into a community driven public health campaign.

Partner Challenges

Expanding Community Disease Detection

Our engagement with Trinity Challenge has led to a major partnership for Solver PODD. PODD, a platform for pre-spillover community disease detection, was the recipient of a $1.8M grant; PODD plans to expand their operations to six new countries over the next three years.

Sustainability

Microsoft’s Climate Innovation Fund

The Microsoft Climate Innovation Fund led an interseries convertible debt round for Rheaply, leading to a $2,100,000 investment to Rheaply. Rheaply now plans to help Microsoft implement a carbon product roadmap to move towards their goal of carbon neutrality by 2030.

Sustainability

Business Coaching Helps Restore Coastal Communities Faster

Solver Marauder One (M1) was matched with Schmidt Marine and the Schmidt Family Foundation to receive transformational coaching from a business venture coach. Through this relationship, Marauder One has executed a technology development contract and accelerated its restoration efforts by reducing its time and cost metrics.

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